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Pin to quick picksGreatland Gold Share News (GGP)

Share Price Information for Greatland Gold (GGP)

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Share Price: 5.80
Bid: 5.70
Ask: 5.90
Change: 0.00 (0.00%)
Spread: 0.20 (3.509%)
Open: 5.75
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Greatland Gold reaches $65m farm-in agreement with Newcrest

Tue, 12th Mar 2019 09:10

(Sharecast News) - Exploration and development outfit Greatland Gold has inked a $65m farm-in agreement with Newcrest Operations for its Havieron gold-copper project in Western Australia.Newcrest Operations, a wholly-owned subsidiary of ASX listed firm Newcrest Mining, now has the right to acquire as much as a 70% interest in 12 blocks across the Havieron target after spending up to $65m and completing a number of exploration and development milestones over the next six years.Greatland revealed there were four stages to the agreement, the first of which being for Newcrest to absorb a $10m hit over the next year, followed by another $10m over a further twelve months in stage two - giving Newcrest a 40% interest in Havieron.The third stage will see Newcrest drop another $25m and deliver a pre-feasibility study in the two years following the end of stage two, taking its interest to a total of 60%.Greatland also expects Newcrest to complete and deliver, or at least incur no less than $20m in expenses in the production of, a feasibility study for Havieron in two years to earn another 10% and take its interest to 70%.Lastly, it will be granted the option to acquire a further 5% stake in the project, assuming it has met the milestones within the four-stage farm-in.Chief executive Gervaise Heddle said: "We believe that this deal represents a win-win for both parties due to the potential for significantly reduced capital costs and increased efficiency resulting from ore being toll processed at Newcrest's nearby Telfer mine."Moreover, Newcrest's expertise should help fast track Havieron through to a completed feasibility study and, subject to positive outcomes, into production and positive cash flow."As of 1330 GMT, Greatland shares had shot up 19.89% to 2.18p.
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28 Oct 2022 09:51

Greatland Gold achieves milestones at Havieron, but annual loss widens

(Alliance News) - Greatland Gold PLC on Friday hailed a "landmark year", but reported a widened loss, as costs mounted, and the firm took a hit from foreign exchange rates.

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27 Oct 2022 13:40

Greatland Gold reports latest drilling progress at Havieron

(Sharecast News) - Precious and base metals explorer and developer Greatland Gold updated the market on the Havieron gold-copper project in the Paterson region of Western Australia on Thursday.

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27 Oct 2022 11:47

Greatland Gold looks to extend Havieron study as drilling continues

(Alliance News) - Greatland Gold PLC on Thursday said there was potential for further resource growth at its Havieron project, as it continues to receive promising results from the drilling programme.

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26 Oct 2022 15:53

UK earnings, trading statements calendar - next 7 days

Thursday 27 October 
Airtel Africa PLCHalf Year Results
Anglo American PLCTrading Statement
Aveva Group PLCTrading Statement
C&C Group PLCHalf Year Results
Foxtons Group PLCTrading Statement
HarbourVest Senior LoansFull Year Results
Henderson Opportunities Trust PLCQ3 Results
Lloyds Banking Group PLCTrading Statement
Inchcape PLCTrading Statement
Indivior PLCQ3 Results
InvensysQ3 Results
PPHE Hotel Group LtdTrading Statement
Seplat Energy PLCQ3 Results
Shell PLCQ3 Results
Unilever PLCQ3 Results
Yamana Gold IncQ3 Results
Friday 28 October 
AIB Group PLCTrading Statement
Computacenter PLCTrading Statement
ContourGlobal PLCTrading Statement
Glencore PLCQ3 Results
Grit Real Estate Income Group LtdFull Year Results
International Consolidated Airlines Group SAQ3 Results
Industrials REIT LtdTrading Statement
NatWest Group PLCQ3 Results
Monday 31 October 
Airtel Africa PLCHalf Year Results
Lok'n Store Group PLCFull Year Results
Renalytix PLCFull Year Results
RM Infrastructure Income PLCHalf Year Results
Tuesday 1 November 
BP PLCQ3 Results
Bowleven PLCFull Year Results
IWG PLCTrading Statement
Liberty Global PLCQ3 Results
Rentokil Initial PLCTrading Statement
TP Group PLCTrading Statement
TP ICAP Group PLCTrading Statement
Wednesday 2 November 
Aston Martin Lagonda Global Holdings PLCQ3 Results
Coca-Cola Europacific Partners PLCQ3 Results
Greatland Gold PLCFull Year Results
GSK PLCQ3 Results
Hiscox LtdTrading Statement
Metro Bank PLCTrading Statement
Morgan Sindall Group PLCTrading Statement
Next PLCQ3 Results
Polymetal International PLCQ3 Results
Smurfit Kappa Group PLCTrading Statement
Weir Group PLCQ3 Results
Wizz Air Holdings PLCHalf Year Results
  
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20 Oct 2022 13:04

Greatland Gold wins Western Australia grant for Ernest Giles project

(Alliance News) - Greatland Gold PLC on Thursday said it has been awarded a grant from the Western Australian government to co-fund exploration drilling and mobilisation costs at its 100% owned Ernest Giles project.

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20 Oct 2022 11:51

Greatland Gold gets £0.12m grant from Western Australia government

(Sharecast News) - Precious and base metals-focussed explorer and developer Greatland Gold has been awarded a grant from the Western Australian government to co-fund exploration drilling and mobilisation costs at its wholly-owned Ernest Giles project, it announced on Thursday.

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12 Sep 2022 12:08

Greatland Gold secures funding for its share of Havieron

(Sharecast News) - Greatland Gold announced the execution of debt and equity agreements on Monday, to secure up to AUD 340m (£200m) in new funding that is expected to enable it to fully fund its 30% share of Havieron into production.

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12 Sep 2022 11:03

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12 Sep 2022 09:28

Greatland Gold shares up with funding for Havieron project; new chair

(Alliance News) - Greatland Gold PLC on Monday reported that it secured AUD340 million, or GBP200.2 million, of funding for its 30% owned Havieron project in Australia.

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8 Sep 2022 10:27

IN BRIEF: Greatland Gold hails outstanding drill results at Havieron

Greatland Gold PLC - London-headquartered mine developer and explorer - Says drilling results at Havieron gold-copper project, located in the Paterson region, Western Australia, continue to identify high-grade mineralised extensions. Greatland Gold says all six drill rigs are on site at Havieron. Says its Havieron feasibility study is on track for completion during the fourth quarter.

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25 Aug 2022 11:49

Greatland Gold raises $35m in oversubscribed placing

(Sharecast News) - Greatland Gold announced it had raised $35m (£29.7m) in an oversubscribed placing on Friday, to fund its ongoing development at Havieron.

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25 Aug 2022 11:19

AIM WINNERS & LOSERS: PetroTal revenue surges; IOG cuts guidance

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25 Aug 2022 10:05

Greatland Gold shares down on USD35 million "oversubscribed" placing

(Alliance News) - Greatland Gold PLC on Thursday said it has raised USD35 million via an "oversubscribed" placing of 362.9 million shares at 8.2 pence each.

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